Company Announcements

Komercni banka, a.s. http://www.kb.cz/en
Prague 1, Na Prikope 33, building identification number 969, Post Code 114 07
Identification No.: 45 31 70 54

LEI Code: IYKCAVNFR8QGF00HV840

incorporated in the Commercial Register maintained with the Municipal Court in Prague,
section B, insert 1360

Disclosed on 20 April 2022

The Information is available also at the following link: https://www.kb.cz/en/about-the-bank/for-investors/shareholders-shares-and-dividends/general-meetings-and-dividend-payment

Komercni banka, a.s. informs its shareholders about the Results of the decision-making by the General Meeting of Komerční banka, a.s.

THE GENERAL MEETING OF KOMERČNÍ BANKA, a.s., HELD ON 20 APRIL 2022

Resolutions adopted on the individual items of business on the General Meeting agenda

4)   Approval of the annual financial statements for the year 2021

Resolution:

The General Meeting approves the annual financial statements of Komerční banka, a. s., for the year 2021 in the wording submitted by the Board of Directors and published on the website of Komerční banka, a. s. 

5)   Decision on the distribution of profit for the year 2021

Resolution:

The General Meeting approves the distribution of the profit of Komerční banka, a. s., for the year 2021 in the amount of CZK 12,353,459,613.98 as follows:

Share in the profit to be distributed among shareholders (dividends)   CZK 8,324,158,588.00    

Retained earnings                                                                                             CZK 4,029,302,025.98    

The amount of the dividend per share is CZK 43.80 before taxation. The dividend can be claimed by each shareholder holding a share of Komerční banka, a. s., with ISIN CZ0008019106 as of 29 April 2022. The dividend shall be due on 23 May 2022.

6)   Approval of the consolidated financial statements for the year 2021

Resolution:

The General Meeting approves the consolidated financial statements of Komerční banka, a. s., for the year 2021 in the wording submitted by the Board of Directors and published on the website of Komerční banka, a. s.  

9)    Approval of the acquisition of own shares

Resolution:

The General Meeting consents to the acquisition of own ordinary shares of a nominal value of CZK 100 under the following conditions:

·    The maximum number of shares that can be held by the Bank at any specific moment shall be 19,004,926 pieces of ordinary shares representing the total nominal value of CZK 1,900,492,600.

·    The share purchase value must be at least CZK 1 per piece and no more than CZK 2,100 per piece.

·    The time for which the Bank may acquire the shares is 5 years.

·    Shares may not be acquired by the Bank should such acquisition breach the conditions stipulated in S. 301 (1) (b) and (c) and S. 302 of the Corporations Act or, as the case may be, any other applicable legislation of the Czech Republic or of the European Union.

10)  Approval of the Report on Remuneration for the year 2021

Resolution:

The General Meeting approves the Report on Remuneration for the year 2021 in the wording submitted by the Board of Directors.

11)  Decision on the appointment of a statutory auditor to make the statutory audit for the year 2022

Resolution:

The General Meeting appoints company Deloitte Audit s.r.o. with its registered office at Italská 2581/67, Vinohrady, 120 00 Praha 2, identification No. 49620592 as the external auditor of Komerční banka, a. s., for the year  2022, and company Deloitte Audit s.r.o. with its registered office at Digital Park II, Einsteinova 23, Bratislava 851 01, as the external auditor of the branch of Komerční banka, a. s. located on the territory of the Slovak Republic.